Jump to content

  • Welcome!

    Register and log in easily with Twitter or Google accounts!

    Or simply create a new Huddle account. 

    Members receive fewer ads , access our dark theme, and the ability to join the discussion!

     

Potential $1.2B Panthers stadium renovation discussion

Lame Duck

By Lame Duck,
in Carolina Panthers

 Share

Recommended Posts

Pantherzilla91 Community Regular

Pantherzilla91

Posted
Posted
4 minutes ago, jayboogieman said:

The city would be much better off to invest that money in infrastructure, mental health help, the homeless, education, or lots of other things than giving it to Tepper, especially just for a renovation. If he threatens to move the team over it, tell him buy.

What an ignorant post 

  • Pie 1
  • Poo 1
Link to comment
Share on other sites
Tbe Grand Master

Tbe

Posted
Posted
1 minute ago, TheSpecialJuan said:

Do it or Tepper walks and takes the team with him 


No he won’t. This isn’t Oakland. The NFL won’t let a top 10 population state not have a team. 
 

Given Tepper blew his reputation in SC, he doesn’t have any options unless Raleigh wants to give him money.

Link to comment
Share on other sites
Tbe Grand Master

Tbe

Posted
Posted
Just now, Pantherzilla91 said:

How does that benefit me as a fan?

You don’t matter. How does giving 600 million of Meck co and Charlotte city tax dollars to a multi-billionair benefit tax payers?

  • Pie 5
Link to comment
Share on other sites
jayboogieman Grand Master

jayboogieman

Posted
Posted
5 minutes ago, TheSpecialJuan said:

Do it or Tepper walks and takes the team with him 

And? He can afford to renovate the stadium or even build a new one himself and it wouldn't really hurt his worth. Raising taxes for this or shifting money away from other programs hurts the citizens of the city.

  • Pie 1
Link to comment
Share on other sites
Pantherzilla91 Community Regular

Pantherzilla91

Posted
Posted
3 minutes ago, jayboogieman said:

And? He can afford to renovate the stadium or even build a new one himself and it wouldn't really hurt his worth. Raising taxes for this or shifting money away from other programs hurts the citizens of the city.

Glad you don’t care about the team 

  • Poo 3
Link to comment
Share on other sites
  • Popular Post
The Crown and the Claw Enthusiast

The Crown and the Claw

Posted
  • Popular Post
Posted
22 minutes ago, jayboogieman said:

The city would be much better off to invest that money in infrastructure, mental health help, the homeless, education, or lots of other things than giving it to Tepper, especially just for a renovation. If he threatens to move the team over it, tell him bye.

*NO INSIDER INFO ON THIS TOPIC*
 

However I did want to clear up misconceptions like this one. City/County Governments have entertainment and tourism budgets earmarked specifically for projects like these. They CANNOT use that money for things such as schools or other infrastructures. It is a completely different pool of resources and does not impact in any way the other budgets

  • Pie 28
  • Flames 1
Link to comment
Share on other sites
Smithers Grand Master

Smithers

Posted
Posted
25 minutes ago, Jon Snow said:

Have you seen the cost of materials and labor in the construction industry lately?! A new stadium like Jerry World would cost over $3B today.  I would have to see the details of this "renovation" being proposed before I have an educated opinion on this venture.  

For reference, the recently announced new Titans stadium is 2.1B.  A renovation cost this high must include something extravagant.  

Link to comment
Share on other sites
Tbe Grand Master

Tbe

Posted
Posted
Just now, Smithers said:

For reference, the recently announced new Titans stadium is 2.1B.  A renovation cost this high must include something extravagant.  


It also includes new practice facilities like what was scrapped in Rock hill.

  • Pie 1
Link to comment
Share on other sites
Smithers Grand Master

Smithers

Posted
Posted
Just now, The Crown and the Claw said:

*NO INSIDER INFO ON THIS TOPIC*
 

However I did want to clear up misconceptions like this one. City/County Governments have entertainment and tourism budgets earmarked specifically for projects like these. They CANNOT use that money for things such as schools or other infrastructures. It is a completely different pool of resources and does not impact in any way the other budgets

Spot on.  I work in local govt mgmt - tourism dollars are governed by state law.  Occupancy tax revenues (likely in the hundreds of millions in Charlotte) come from taxes on hotel stays.  That money can only be spent on tourist and entertainment related expenses that put “heads in beds.”  

  • Pie 1
Link to comment
Share on other sites
Raleigh PF Rising Star

Raleigh PF

Posted
Posted

The NFL pulled in just over 18 BILLION last year in revenue. You would have to think that taking a percentage of that money and setting it aside for "Infrastructure" would be a prudent course of action.

Let's say they take 5% off the top. That's about $900,000,000 per year they could set aside. Surely they would be able to collect enough money to provide "loans" to NFL teams who would pay them back, meanwhile writing off a good chunk of that on their taxes. Kinda seems like a win-win just waiting to be exploited.

And then there's depreciation.

What am I missing?

  • Pie 3
Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
 Share
Go to topic listing

  • PMH4OWPW7JD2TDGWZKTOYL2T3E.jpg

  • Topics

  • Posts

    • CamWhoaaCam
      Week 12 Other NFL Games

      By CamWhoaaCam · Posted

      They gave him franchise QB money. Sorry but if you don't earn it you can be embarrassed.   He's rich he can take it. Stop feeling sorry for people who can't live up to their contract. This isn't a sport to be soft. Daniels deserves to give back some of that money he stole if you ask me.
    • jayboogieman
      What Are You Listening To Right Now....

      By jayboogieman · Posted

    • Khyber53
      Bryce Young - Good and Bad, what say you?

      By Khyber53 · Posted

      And it was coming off of a bye week. Perhaps he should vacation a bit in Germany in the off season, something certainly seemed to help him there.  No, really... He showed maturation and the possibility that he's turning a corner. That wasn't the NY Giants out there, but the back to back Super Bowl champions with the #3 defense in the league, with them coming off of a prime time loss. And that was a 9-1 team we just played literally down to the last second. Bryce played so well that maybe, maybe he wins over some nay-sayers. It's still early, though, but what a nice breath of fresh air that was. You can win quite a few games if that is your normal performance. It is obvious that we are still on the learning curve, though. But that was one helluva test he just took. Some of these QBs coming out of college just don't have a lot of games under their belts, especially in top end programs. They are perhaps just a year to two years behind center in games that matter before they move up. It can take them some time to hit their stride. We can still be cautious about our future and still celebrate a great game by the kid, though, and we should. He earned the laurels today, or had before they were snatched away at the last second.
×
×
  • Create New...